Facebook Twitter 新浪微博 腾讯微博 Wednesday 24 June 2015

Chinese economy unlikely to experience hard landing: BlackRock

(Xinhua)    17:04, June 24, 2015

HONG KONG, June 24 -- Although China's economy is slowing, it is unlikely to experience a hard landing, according to a report released here Wednesday by BlackRock, the world's largest investment manager.

The report said Chinese economy is faced with a series of challenges, but "We believe China can meet these challenges," highlighting that Chinese policymakers appear aware of the risks, have credible long-term plans and short-term tools to address them.

Helen Zhu, head of China equities at BlackRock, said that despite slowing growth in China, recent structural reforms in the economy and capital markets have boosted the performance of China' s equity markets.

"We are seeing attractive investment opportunities in selected banks, property developers, new energy and small- and medium-sized companies in the H-share market. Companies that benefit from domestic demand and structural reforms will be the winners," Zhu added.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Yao Chun,Bianji)

Add your comment

Related reading

We Recommend

Most Viewed


Key Words